Giving


“For it is in giving that we receive.” – St. Francis of Assisi

CHI Living Communities has provided long and short-term care to residents and their families with a focus on the core values of reverence, integrity, compassion and excellence for many years. With the philanthropic support of donors, we are able to extend that excellent care at Bishop Drumm Retirement Center and support initiatives that might not otherwise be available.

As a 501 (c)(3) organization, Bishop Drumm Retirement Center has made the commitment to provide the highest level of physical and spiritual care to area residents for as long as they need us, even if they have outlived their resources. Your charitable gifts will help support residents on our campus who may require financial assistance. So you can see why your support is so important to our mission.

To continue to enhance our mission, we accept donations from individuals, corporations, and organizations who have an interest in seeing us continue our service to the residents, their families and the greater community. Contributions to Bishop Drumm Retirement Center may be sent us at:

5837 Winwood Drive
Johnston, Iowa 50131

Besides outright cash gifts, there are many other ways to give to Bishop Drumm Retirement Center:

Ways To Give


Cash

The most popular and easiest way to make a gift is by cash or check. When paying by check, please make check payable to Bishop Drumm Retirement Center.

Securities

Ownership of stocks and/or bonds can be transferred to Bishop Drumm Retirement Center as a charitable gift. The value of your gift depends upon the market price of these assets when they are given. You may be entitled to a significant charitable deduction on your income tax return for a gift of appreciated securities.

Planned Gifts

Making a planned gift to Bishop Drumm Retirement Center is a great way to ensure income for you and your beneficiary, achieve tax benefits and help make certain that quality care is available to our residents and their families for the future. Some examples of planned gifts include:

  • Bequest – Making a provision in your will or living trust of a specific dollar amount, percentage of your estate will benefit Bishop Drumm Retirement Center. A charitable bequest allows you to keep control of your assets during your lifetime and make a gift to Bishop Drumm Retirement Center at the same time while receiving a reduction in estate taxes. To ensure compliance with your wishes and to receive current recognition for your bequest gift, it is important to document your gift with us.
  • Life Insurance – A gift of life insurance often allows you to provide a more substantial gift in the future than you might think possible. Bishop Drumm Retirement Center can be named as the beneficiary of a paid-up/existing policy or a newly purchased policy. You receive a charitable deduction for the cash value of the policy and a deduction for the premiums going forward.
  • Retirement Plan Assets – IRAs, 401(k)s and other retirement benefits can be one of the most efficient forms of planned giving. By naming Bishop Drumm Retirement Center as a beneficiary for a percentage or specified amount of the account, estate and income taxes on that gift can be avoided entirely.
  • Charitable Remainder Unitrusts, Annuity Trusts and Retained Life Estates – These are also mutually beneficial options for supporting the organization and achieving tax benefits. Please contact your tax advisor for more information.

Gifts in Kind

Bishop Drumm Retirement Center strives to create the most comfortable homelike atmosphere possible. This includes the quality and attractiveness of furnishings, equipment and accessories for parties and other activities, as well as items that improve the quality of resident life or the effectiveness of the staff.


Investment Opportunities


Unrestricted Support

These valuable gifts will allow Bishop Drumm Retirement Center to maximize their impact on the residents we serve. Unrestricted gifts are applied to the most pressing needs of Bishop Drumm Retirement Center in fulfilling its mission.

Designated Gifts

These are gifts made to Bishop Drumm Retirement Center which are designated by the donor at the time the gift is made. Gifts can be made to support specific program such as the following:

  • Benevolent Care Fund
  • Chapel Fund
  • Recreation Activities
  • Capital Improvements

Memorial/Honorary Gift

Memorial and honorary gifts are a significant and meaningful way to recognize the importance of someone special. Donors may make these types of contributions to Bishop Drumm Retirement Center by noting such at the time the gift is made. A note will be sent to the honoree or to the family acknowledging the gift on behalf of the donor. Gift amounts are kept confidential.

In addition to donations, Bishop Drumm Retirement Center hosts fund raising events throughout the year. If you have an interest in donating to help support our mission, would like to be added to our mailing list or would like information about attending one of our fund raising events, please contact us by phone at 515.270.1100.

Your gift will be important to those who will call Bishop Drumm Retirement Center home… and to their families. Your gift gives peace. Your gift provides loving care.

As always, before making financial decisions, please consult a qualified financial advisor to ensure that the gift you are considering is right for you.